Constitutional solutions to the Eurozone’s design flaw: "Thomas F. Cooley, Ramon Marimon, 20 July 2011
The sovereign-debt crisis spreading through Europe is threatening the existence of the single currency. Meanwhile in the US, debt has been a problem for many states without threatening the US itself. This column proposes a way of preventing future crises in Europe by learning how policymakers in the US achieve fiscal prudence without loss of sovereignty.
Full Article: Constitutional solutions to the Eurozone’s design flaw"
The sovereign-debt crisis spreading through Europe is threatening the existence of the single currency. Meanwhile in the US, debt has been a problem for many states without threatening the US itself. This column proposes a way of preventing future crises in Europe by learning how policymakers in the US achieve fiscal prudence without loss of sovereignty.
Full Article: Constitutional solutions to the Eurozone’s design flaw"
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